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I'm prepared to!
*insert the famous Warren Buffett quote here
So what happens if the update isn't promising? As a shareholder I obviously don't want that to happen but is there going to be any panic or impatience here? I have a feeling if there is no hint of a settlement on this specific update that we may see quite a dip, even though a settlement could be just a very short ways away.
Good number to reference here...
this has gone up about 700 percent since abazaba sold at .002
This should be stickied. Great DD
It's actually a sensible decision for once. 8's will seem cheap next week....still wouldn't buy his book though.
an ATM is actually a very good way to describe it
you sold in the 2's and he's the rookie? lol
Little wall gets put up to try and scare some into selling low and no one budges. Very impressive
Never forget...
The falcons blew a 25 point lead...
and abazaba sold in the 2's
Have a great day everyone
anybody that's been around the last couple weeks knew it was only a matter of time here...
I don't mind the pps down here for now, it allows all of us on the board to load up before all the outside eyes crash the party
sticky this!
I agree, float seems to be pretty locked up here. With these cases on the verge of something major I think the ceiling here is even higher than most realize. Remember these prices because imo you won't see them for long
Hey ram, I've seen you on a few other boards, I really respect your DD even when it's not popular opinion. You seem to have quite a bit of knowledge on the patent litigation process. Good luck to you!
been silently reading the board here for a while now. can't blame him for screaming suspension, anyone who has been burned by a stock that's been suspended knows what it's like. we should be happy to have another long here. I'm expecting a nice Friday for us
Surprised that I don't see this on the board more. Very real possibility given the latest legal proceedings. Fantastic opportunity here.
There are emails from CEO's and companies on pretty much every board on this site. If the email contained some noteworthy information it would benefit everyone if you posted it. Assuming it exists.
when you consider they spent $442k in cash in the first quarter that number doesn't seem like very much...
well, it looks like this stock just got "rammed"...
With a stock running like this you would have to expect some people to question why they are seeing such a move up. The responses you are getting made lose total confidence. "read the slides" and "get lost" don't really sell me on the future. I just took my 250% gain for the day. Good luck to everyone else who sticks this out!
Wouldn't be shocked to see a bigger run than that this week
I personally love the fact that the share structure is maxed out. No dilution to come, R/S cancelled in March, with all of this news that has come with more PR's to come, I expect this to be the at the top of the breakout boards here soon.
A lot to be excited about for sure! When the word leaks about getting hands into MJ on top of the deals from today's PR, we won't see these levels for long.
I am in the US now sir! And judging by Mr. Ram's name, I feel that him and I maybe from area that are close. I must let you know, subtlety is not something that is spoken of in our culture! He is simply doing what he knows to do. Despite the heat he takes on the board, he makes very valid points. I enjoy reading his DD. The information is very important. Good luck to you!
So, I see that Ram_A is consistently attacked by posters on this board even though he is the only one i've seen to back his opinions by numbers that have been audited and publicly filed, and you tell him he is wrong based on what you see in your crystal ball? I do not understand the logic on the board most of the time. I, too, dream on the potential on this company. However, it is tough to ignore the red flags that show up. Whether or not you agree with Mr. Ram, you can not argue his supporting facts. You can only admit your faith in the unknown. Personally, I hope to see the share price continue to fall so i can add to my position. And MY crystal ball tells me it will continue to do so until news of a settlement or large deal is announced.
And thank you sir! My homeland can be a beautiful place.
how did you come up with that number?
Kay proved his worth to me several months back when the board was going crazy with RS rumors and kay came out and said there would be no need for one. He keeps his word. He is not your standard OTC CEO
Kay and his team are top notch. I don't think they're just throwing numbers around. They know exactly what they have and just how valuable it is.
While I don't think there's any way to confidently say where they got their info. I do believe that they must have gotten the info from somewhere. I'm very fond of the saying "where there's smoke, there's fire". Maybe this is one of the "large deals" that kay spoke about coming in the second half of the year?
yes profit. not prophet, that's what Zpaul is.
Yes! Kay said there is plenty of money! Oh, but not yet. But there will be! Mark said so! Just like Zpaul said Kay confirmed more than a one time payment from Microsoft and that the company reduced it's debt to around 4 million! Don't listen to the 10k!
and if there is no super duper secret that we don't know about, how exactly is he going to keep the ship afloat? We know how he did it in the past.
you get it
keep trying!
I wouldn't know
You nailed it. They give away BILLIONS to charity. What is 9 million to them? It's like giving the annoying kid in the park a dollar to go away.
I'm looking for some clarification. The 10k clearly says that at the current rate the company will be out of cash on hand by June. However, according the responses from Kay on here, there seems to be no panic over having funds to operate the business. Where is this money going to be coming from? The same "deals" that were supposedly in place when I first bought shares back in august of 2016? There were supposed to be deals before the end of 2016, then it was supposed to be shortly after the new year, then by end of Q1 of 2017 and now I've seen not expect to see it until the second half of 2017. Kay sent an email clearly stating that no additional money would be coming from Microsoft so where is the cash going to come from? Another settlement? It does not seem to add up to me. I suppose the only option is to trust the vague words of the man in charge of the company.
I just read that section as well. To me it appears that the courts did not agree with the claims the company was making. It appears as though Phone Factor was prepared to fight the case but was bought out by who decided to not pursue it. It makes sense to me. 9 million is nothing to that company and they weren't going to get anything out of winning the case against a company who was about to go bankrupt. All very interesting.
All shareholders really need to read this document. Very solid DD.